In pics: All you need to know about the historic US-North Korea summit

Singapore will spend about SG $20 million to host the summit between US President Donald Trump and North Korean leader Kim Jong-un.

Singapore will spend about SG $20 million to host the historic summit between US President Donald Trump and North Korean leader Kim Jong-un. The Asian country's Prime Minister Lee Hsien Loong said ahead of the talks, "It's our contribution to an international endeavour which is in our profound interest." (Pictured) Trump arriving in Singapore. (Image: Reuters)

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Since coming to power in 2011, this is the first that the North Korean leader will meet the president of the US. (Image: Reuters)

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The meet comes after an endless talks between Washington and Pyongyang. The Singapore summit itself was briefly cancelled by Trump, but was put back on after a flurry of diplomatic efforts. (Image: Reuters)

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The aim of the summit is the denuclearise North Korea in exchange for easing of diplomatic and economic sanctions. (Image: Reuters)

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Trump has said that it may take more than one meet to convince Pyongyang to denuclarise. (Image: Reuters)

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Isaac Stone Fish, senior fellow at the Asia Society's Center on US-China Relations said that the meeting with Kim is a huge gamble for Trump. He mentioned that in the event of the meeting not going well, Trump could lose a lot of credibility. (Image: Reuters)